Bank of America analysts downgraded the stock to neutral from buy.
: On anniversary of the Capitol attack, companies face new pressures to disclose political spending
Shareholders, consumer groups and lawmakers seeking more details, better oversight of corporate political outlays
: Baxter stock drops on plan to restructure and spin off kidney care unit
Hospital products company shares drop as it readies a restructuring plan and sets plan to spin off its Renal Care and Acute Therapies unit
: Southwest sees flight cancellations costing up to $825 million
Southwest Airlines warned of a surprise fourth-quarter net loss, due to costs resulting from the more than 16,700 flights canceled late-December
Need to Know: Citi has just cut its rating on U.S. stocks to underweight. Here’s why and what it prefers.
Citi’s global strategy team looked around the world and decided to cut its recommendation on the U.S. to underweight from overweight.
Earnings Results: Corona parent Constellation’s stock falls 9% as inflation is now hitting beer prices and cutting into sales
The company, whose brands include Modelo and Corona, got a lot of questions about beer sales and pricing on its earnings call.
: China’s reopening won’t foul up global inflation situation, Morgan Stanley says
Why the number-two economy’s reopening won’t stop the global price deceleration.
Outside the Box: Young Americans need to rethink Social Security
Social Security is not an investment. It is an expense with which workers buy some peace of mind.
Bond Report: Treasury yields plunge on raft of U.S. data, handing 30-year rate biggest weekly decline since March 2020
Treasury yields plummet after U.S. data points to slowing wage growth and broadening weakness in the economy.
: Turning 72 or 73 this year? Here’s what to do about your required minimum distributions
Those celebrating their 72nd birthday this year have more time before having to pull money from retirement accounts